Top Marijuana Stocks To Watch This New Year
Marijuana stocks continue to feel the pressure of market volatility. The current pattern in the cannabis sector has made it tough to take profits before the new year. Yet with 2023 soon to begin there is a certain level of optimism. It is possible with a good amount of positive speculation that the sector sees one more recovery before the new year. At the moment there are many investors who feel that the new year will bring better trading. Especially with another chance to pass federal reform.
For some time the biggest market mover for marijuana stocks has been news on federal reform. Now the big bill to federally legalize cannabis may still be a long shot. However, passing some type of cannabis banking holds more potential to get done in 2023. Not just that US cannabis industry is growing and progressing at a fast pace. Hopefully, we see more states legalize cannabis to keep the expansion going. Right now more than half of the United States has legalized cannabis creating opportunities for MSO companies to set up shop.
All this progress and continued success can play a big part in seeing all-around better trading for marijuana stocks. So if you feel investing in marijuana stocks is for you make sure you do your research before investing. Set a game plan and be able to adapt to the way to cannabis sector reacts to various catalysts whether bad or good. The companies below are several options to consider if you are looking for top marijuana stocks to buy heading into 2023.
Marijuana Stocks To Watch 2023
- Green Thumb Industries Inc. (OTC:GTBIF)
- Curaleaf Holdings, Inc. (OTC:CURLF)
- Cresco Labs Inc. (OTC:CRLBF)
Green Thumb Industries Inc.
Green Thumb Industries Inc. engages in the manufacture, distribution, and sale of various cannabis products for medical and adult use in the United States. In recent news, the company announced the expansion of its executive leadership team. The company has appointed four executive leadership positions and one new board member.
The leadership promotions include Anthony Georgiadis to President, Matt Faulkner to Chief Financial Officer. As well as Bret Kravitz to General Counsel and Secretary. Plus the appointments of Rachel Albert to Chief Administrative Officer and Dawn Wilson Barnes to the Company’s board of directors. These appointments will be effective January 1, 2023.
Words From The Company
“These changes reflect the natural evolution of high-performing team members to positions of greater responsibility and demonstrate our conviction in the strength of our leadership,” said Green Thumb Founder, Chairman, and Chief Executive Officer Ben Kovler.
Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates as a cannabis operator in the United States. It operates in two segments, Cannabis Operations, and Non-Cannabis Operations. On December 20th the company announced the opening of its new Tallahassee, FL dispensary.
This new location now puts the company’s retail presence at 55 locations in Florida and 145 nationwide.
Words From The CEO
“We are thrilled to continue expanding access to medical cannabis for Florida’s growing patient population,” said Matt Darin, CEO of Curaleaf. “We look forward to welcoming patients from Tallahassee and across the Sunshine State with an unrivaled retail experience and the high-quality, trusted cannabis products they can rely on.”
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Cresco Labs Inc.
Cresco Labs Inc. together with its subsidiaries cultivates, manufactures, and sells retail and medical cannabis products in the United States. Back on December 6th, the company announced the expansion of its retail presence in Orlando, Florida.
This is the opening of its second dispensary in Orlando, Florida, located at 6690 W Colonial Dr. The new location is Cresco’s 21st store to open in the Sunshine State and 55th nationwide.
Words From The CEO and Co-Founder
“As we see one of the country’s largest medical programs continue to expand to nearly 770,000 qualified patients, we’re focused on growing our retail footprint in Florida to bring greater access to our branded products,” said Charlie Bachtell, CEO and Co-founder of Cresco Labs.
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